{"id":449102,"date":"2021-11-10T11:18:24","date_gmt":"2021-11-10T05:48:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=449102"},"modified":"2021-11-10T12:51:01","modified_gmt":"2021-11-10T07:21:01","slug":"general-electric-to-split-into-three-publicly-traded-businesses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/general-electric-to-split-into-three-publicly-traded-businesses\/","title":{"rendered":"General Electric to split into three publicly traded businesses"},"content":{"rendered":"<p>General Electric, the iconic industrial corporation of the late 20th century, once a sprawling conglomerate renowned for its management prowess, is making a final break with its storied past.<\/p>\n<p>The 129-year-old company announced on Tuesday that it planned to break itself into three publicly traded businesses, the latest effort to simplify its business and lift its stagnant stock price. <\/p>\n<p>In a conference call with analysts, H. Lawrence Culp, an outsider brought in as chief executive three years ago, described the planned breakup as a \u201cdefining moment\u201d for G.E. and the culmination of his effort to remake it as a \u201cmore focused, simpler, stronger high-tech industrial company.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Electric, the iconic industrial corporation of the late 20th century, once a sprawling conglomerate renowned for its management prowess, is making a final break with its storied past. The 129-year-old company announced on Tuesday that it planned to break itself into three publicly traded businesses, the latest effort to simplify its business and lift its stagnant stock price. In a conference call with analysts, H. Lawrence Culp, an outsider brought in as chief executive three years ago, described the planned breakup as a \u201cdefining moment\u201d for G.E. and the culmination of his effort to remake it as a \u201cmore [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,245,148],"tags":[],"class_list":["post-449102","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=449102"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449102\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=449102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=449102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=449102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}